Photizo: MPS Continues to Rise

Overall office pages are expected to decline by a compounded rate of 6.5% annually through 2018, but managed pages continue to grow, reported Photizo.

The analyst claimed printed pages are falling as more offices adopt cloud platforms, streamline workflows, and increasingly rely on smart devices to get work done. “Managed print services revenue is forecasted to rise to $28.4 billion by 2018, comprising 30% of office printing revenue. And while the explosive growth that has characterized the industry to date is slowing, there is still a large, untapped opportunity for the channel.”

Also, the firm noted the real opportunity is seen in the small and medium size businesses (SMB), which are likely to engage a channel partner in managed print services. SMBs are expected to contribute 60% of the industry’s managed print services revenue by 2018.